Sundaram-Clayton Reports 16% EBITDA Growth, Appoints New CFO
Sundaram-Clayton Limited (SCL) reported a 16% increase in EBITDA to Rs. 70.60 crores, despite a decrease in standalone revenue to Rs. 444.10 crores. The company is consolidating its Indian operations from three plants to two, while its US operations achieved record quarterly sales of Rs. 79.70 crores, a 32% year-over-year increase. SCL appointed Hariharan V as the new CFO, effective September 1, bringing over 32 years of industry experience. The company remains committed to the North American market as a long-term strategic opportunity.
06Aug 25
Sundaram-Clayton Reports 16% EBITDA Growth Despite Revenue Decline in Q1
Sundaram Clayton Limited (SCL) announced its quarterly results, showing a decline in standalone revenue to Rs. 442.12 crores from Rs. 549.04 crores year-over-year, primarily due to the transfer of the Hosur business unit. However, EBITDA improved by 16% to Rs. 70.60 crores. The company's US operations achieved record quarterly sales of Rs. 79.70 crores, a 32% increase from the previous year. SCL has successfully ramped up its new Thervoy Kandigai Plant in Chennai and is consolidating its Indian plants for improved efficiency. The company invested Rs. 77.31 crores in its overseas subsidiary, Sundaram Holding USA Inc., during the quarter.
06May 25
Sundaram-Clayton Reports Strong Q4 Performance and Operational Milestones in FY 2024-25
Sundaram-Clayton Limited (SCL) reported improved financial performance for Q4 and FY 2024-25. Q4 saw EBITDA rise to ₹313.00 crore from ₹153.00 crore YoY, with EBITDA margin increasing to 16.65%. The company swung to a net profit of ₹143.55 crore. For FY 2024-25, revenue reached ₹2,109.14 crore with improved EBITDA margins. SCL launched a new state-of-the-art mega die-casting facility in Chennai, consolidating operations for better efficiency. The company also expanded internationally, commencing supplies from a new die-casting machine in the U.S.
24Mar 25
Sundaram-Clayton Announces ₹4.75 Interim Dividend for FY25
Sundaram-Clayton Limited (SCL), a leading auto components manufacturer, has announced an interim dividend of ₹4.75 per equity share for the financial year 2024-25. This decision by the board signals confidence in the company's financial performance and commitment to shareholder value. As part of the TVS Group, SCL specializes in manufacturing aluminum die-cast products for the automotive industry. The interim dividend reflects the company's ability to generate surplus cash flow and may indicate a positive outlook for the fiscal year.
21Mar 25
Sundaram-Clayton Announces Rs 4.75 Interim Dividend, Sets March 27 as Record Date
Sundaram-Clayton Limited (SCL) has announced an interim dividend of Rs 4.75 per share for FY 2024-25. The dividend, approved on March 21, 2025, represents 95% of the face value. The record date is set for March 27, 2025, with a total payout of approximately Rs 10.42 crore. Eligible shareholders will receive payment within 30 days of declaration, in compliance with regulatory standards.
20Feb 25
Sundaram Clayton to Divest Aluminium Die-casting Businesses at Hosur Plant
Sundaram Clayton Limited (SCL) has announced plans to sell its high pressure and low pressure aluminium die-casting businesses at its Hosur facility. The company's Board of Directors has approved the sale to one or more third-party purchasers. The transaction details, including structure, buyer identity, and sale consideration, are yet to be finalized. The deal will be subject to regulatory approvals and necessary consents.